Fresh Tracks Therapeutics, Inc. (FRTX)
Fresh Tracks Therapeutics, Inc. operates in the Biotechnology industry of the Healthcare sector, headquartered in Boulder, CO, US. The stock last traded at $0.94, down 0.53% on the session, giving a market capitalisation of $5.6M. On trailing twelve-month figures it carries a trailing P/E of -0.97, a net margin of -71.1%. Its beta of 1.17 implies it has historically moved more than the broad market.
Fresh Tracks Therapeutics, Inc. is a clinical-stage pharmaceutical firm focused on creating diverse prescription therapies to address a range of severe autoimmune, inflammatory, and other chronic debilitating conditions, primarily within the U.S. market. A key compound in its development pipeline is sofpironium bromide, which has successfully completed Phase III clinical trials for the management of primary axillary hyperhidrosis. The company is also advancing BBI-02, an oral DYRK1A inhibitor targeting autoimmune and inflammatory diseases, and BBI-10, a covalent STING pathway inhibitor with potential for treating autoinflammatory and rare genetic disorders. Furthermore, Fresh Tracks is engaged in developing next-generation kinase inhibitors. The company maintains crucial licensing and collaborative partnerships, including agreements with Carna Biosciences, Inc., Voronoi Inc., Bodor Laboratories, Inc. (and Dr. Nicholas S. Bodor), and AnGes, Inc. Founded in 2009 and based in Boulder, Colorado, the organization rebranded in September 2022, previously operating under the name Brickell Biotech, Inc.
Fresh Tracks Therapeutics, Inc. is most often compared with the following Healthcare names: